Lehman Sued Over Pension Board Losses

Officers and directors of Lehman Brothers have been slapped with a lawsuit by the Washington State Investment Board over losses it sustained from its purchase of subordinated and senior debt notes.

  • 21 May 2009
Officers and directors of Lehman Brothers have been slapped with a lawsuit by the Washington State Investment Board over losses it sustained from its purchase of subordinated and senior debt notes. The complaints charges that the defendants failed to disclose the bank’s “precarious position” last year before it ...

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